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Stock Market & Financial Investment News

News Breaks
December 17, 2012
10:46 EDTCQP, LN, TOTCheniere Energy rises after partnership signs long-term deal with Total
Cheniere Energy (LNG) is climbing after the company's limited partnership, Cheniere Energy Partners (CQP), signed a 20 year deal deal with French energy company Total (TOT). Under the deal, which was announced earlier this morning, Total agreed to buy about 2M tons of liquid natural gas annually from Cheniere Energy Partners. Total will buy the gas at fixed premium to the monthly Henry Hub price. Deliveries of the natural gas could start as early as 2018, Cheniere Energy Partners indicated. The deal is subject to certain conditions, including the attainment by Cheniere Energy Partners of required regulatory approvals and obtaining financing. In mid-morning trading, Cheniere Energy rose 70c, or 4.10%, to $17.79, while Cheniere Energy Partners advanced 3.61% to $20.95.
News For LN;CQP;TOT From The Last 14 Days
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March 27, 2015
06:37 EDTTOTOil retreats after Goldman says attacks won't have much impact, Reuters reports
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March 26, 2015
06:36 EDTTOTOil surges after Saudis attack Yemen rebels, Reuters reports
The price of West Texas Intermediate oil was up about 4% after Saudi Arabia and other countries bombed Iranian-backed rebel forces in Yemen, according to Reuters. OVerseas stocks fell signficantly following the attacks, the news service noted. Publicly traded oil companies include BP (BP), Chevron (CVX), ConocoPhillips (COP), Exxon Mobil (XOM), Royal Dutch Shell (RDS.A) and Total (TOT). Reference Link
March 23, 2015
06:39 EDTTOTTotal CEO seeking $10B-$15B in financing for Russian expansion, WSJ says
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March 22, 2015
17:59 EDTTOTOPEC will not take sole responsibility for supporting oil price, Reuters says
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March 20, 2015
07:19 EDTTOTWhite House expected to unveil fracking rules today, WSJ says
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06:37 EDTTOTOil prices fall again, Reuters reports
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March 19, 2015
07:19 EDTTOTKuwaiti minister says OPEC can't cut oil production, Bloomberg reports
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March 16, 2015
11:11 EDTTOTOPEC sees oil prices to hit U.S. oil output by late 2015, Reuters says
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05:56 EDTTOTTotal looking to sell 20% stake in North Sea gasfield, Financial Times reports
Total is auctioning a stake in a North Sea gasfield, reports the Financial Times. The company is looking to sell a 20% stake in Laggan-Tormore, a deepwater project considered to be a prime asset in the energy group's portfolio. Total would continue to operate the field, with peak production expanded to be 500m cubic feet a day. Reference Link

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